U.S. Weekly Jobless Claims Failed to Decline as Expected

The video discusses the rise in jobless claims, highlighting the difference between seasonally adjusted and unadjusted numbers. It emphasizes the impact of pandemic assistance, particularly for freelancers, and notes a significant increase in claims from California, possibly due to COVID-19 and wildfires. The video also touches on potential fraud in unemployment filings and concludes with an update on the Producer Price Index, noting increases in core and service demands.

What was the increase in unadjusted jobless claims compared to the previous week?

• 20,000

• 40,000

• 30,000

• 10,000

Which state is responsible for about half of all pandemic emergency assistance claims?

• New York

• Florida

• Texas

• California

What is the total number of people receiving unemployment claims as mentioned in the transcript?

• 28 million

• 29 million

• 31 million

• 30 million

What is one reason suggested for the increase in unemployment claims in California?

• New tax policies

• Spike in COVID cases and fires

• Increase in minimum wage

• Closure of tech companies

What was the percentage increase in the core Producer Price Index (PPI) excluding food and energy?

• 0.5%

• 0.6%

• 0.4%

• 0.3%